Research On The Influence Of Charitable Donation Tax Preferential System To The Development Of University Education Foundation

Talent and technology are essential to the challenges of innovationand transformation that China is now facing in the new era ofdevelopment. Higher education bears the great responsibility during thisprocess; but education expense increases with the continuous expandingof university. Due to the quickly increased demanding for highereducation, the big deficit of university financial supply has became one ofthe bottlenecks to the development of university.For better operation and management of donated capital, more andmore universities established university education foundation in order tostandardize the work of raising funds. As an independent legal entityunder the direction of university party committee and university president,university education foundation of China is an unprofitable organizationraising funds from home and abroad, which can ensure the continuous,stable and quick development of university education by expanding thefund raising channels and attracting investment to the higher educationfrom society while maintaining government financial supply as the main resource. Born in the period of social transformation, university educationfoundation of china, with the late start and lack of experience, has thespecial management system and social environment; at the same time isundertaking more historical responsibility.Proven by the practice at home and abroad, policy of government taxdeduction to the university education foundation is a very effectivemethod of attracting donation and is also essential to its prosperity anddevelopment. On the contrary, depriving part of preferential tax deductionwill be the most severe punishment to those foundations violatingrelevant rules, and will directly affect their public image.This paper analyzes the factors of influencing and improving thedevelopment of university education foundation by the charitabledonation tax deduction system. With comparing the different developingpaths and characteristics between university education foundations ofChina and other developed countries treated with different policies of taxdeduction, it uses a specific education foundation as a sample to analyzethe status and defects of current tax deduction policy for stimulatingsocial donation and attempts to find a development direction of charitabledonation tax preferential system fitted with the development of Chinauniversity education foundation on the purpose of creating a tax systemfavorable for quick and healthy development of education foundation.